Editor Reviews

Karl's Mortgage Calculator Pro is basically the cooler, fancier version of the free one. The only thing that sets it apart is that there are no annoying ads popping up. With this calculator, you can easily figure out your mortgage payments by entering the principal, interest, and term. Plus, you can even play around and find out any missing variable if you know three of them already!

This calculator is pretty cool because it lets you punch in a down payment amount or percentage, and then it tells you how big of a mortgage you'll need. And that's not all! You can also see how your monthly payment will change if you add in other costs like PMI, HOA fees, taxes, and insurance.

The calculator can handle different kinds of mortgages like Fixed and Adjustable Rate Mortgages (ARM), with the option to change interest rates up to five times. It even supports interest-only mortgages. If you want to pay off your mortgage faster, you can make extra payments whenever you like - whether it's a one-time payment, monthly, or yearly. You can also choose up to six additional extra payment amounts and payment periods. The calculator will then tell you how much money you could save on your loan.

Moreover, this awesome calculator gives you the freedom to play around with your loan payments and compounding periods. You can pick whether you want to pay weekly, monthly, or even yearly, and adjust how often your interest is compounded - daily, monthly, annually - whatever floats your boat! It's got your back if you're looking for Canadian mortgages or UK annual rest mortgages too. And hey, we've got all kinds of options for rounding off those loan calculations - no rounding at all, rounding up or down, rounding to the nearest even number, rounding up to the next whole number, or rounding down to the previous whole number. Oh! And it's super cool because it lets you work with different currencies too!

Features

Advanced Mortgage Calculator with Graphs and Charts